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Payments companies see PoS pause on war-related imports squeezeIndia's digital payments sector faces a critical shortage of new point-of-sale (PoS) terminals due to disruptions in imports from China and...- PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
- Mswipe raises $20 million in ongoing funding round led by Alpha WaveMswipe said it will use the proceeds from the ongoing fundraise to increase its merchant payment network, to strengthen its product and tec...
- RBI grants payment aggregator licence to Mswipe TechnologiesUpon securing preliminary approval in 2022, Mswipe set its sights on piloting its internally developed payment gateway stack with its estab...
- Mswipe Technologies appoints Ketan Patel as cofounder, strengthens top deckThe strengthening of its leadership structure comes as Mswipe is looking to push its global expansion plans.
- MSwipe gets RBI-nod on payment aggregator licenceMSwipe plans to launch its own payment gateway (PG) services pan-India over the next three months, chief executive Ketan Patel told ET.
- Mswipe Technologies announces slew of senior appointmentsRohit Agrawal, the CEO of MCapital has been appointed as the CFO for Mswipe Technologies in addition to his current role. MCapital is the l...
- Mswipe looks to have 50% women employees by end of 2022Currently, Mswipe has 2,900 employees and has plans to hire some 2,000-odd professionals by April 2022, as well as appoint women on its lea...
- Mswipe appoints Cashe’s Ketan Patel as CEO, to apply for NBFC licenceMswipe will apply to the Reserve Bank of India (RBI) for an NBFC licence in 2021-22, with plans to convert it into an small finance bank la...
- Mswipe develops MSME score for risk based creditThe new tool will make assessment of MSME creditworthiness easier and provide the opportunity to differentiate risks thereby opening possib...
- Mswipe raises $30 million fundingThe company has raised over $80 million (about Rs 550 crore) from investors like B Capital, UC-RNT, Falcon Edge Capital, Matrix Capital Par...
- Mswipe raises Rs 220 cr from existing investorsWhile B Capital Asia & Epiq put Rs 70 crore, Falcon Edge invests Rs 57 crore and DSG Partners Rs 21 crore.
- Mswipe in partnership with Happy Loans disburses close to 12,000 loansThe average loan value stands at Rs 31000 and together, they aim to disburse loans worth Rs 750 cr. to small and micro merchants on the Msw...
- Mswipe completes round D with $10 millionAs part of investment, Facebook cofounder Eduardo Saverin will join the company’s board
- Axis Bank sells its shares with MSwipe TechnologiesIn the statement, the bank said that the objective of the sale was disinvestment and it had earned Rs 57.4 crore from the company in the fi...
- Ratan Tata-backed UC-RNT Fund, others back Mswipe TechnologiesThe transaction has a mix of both primary and secondary components, with the fund giving a complete exit to Axis Bank, an early investor in...
- Mswipe to run PayU's offline POS businessPayU had an offline merchant acquisition team and has so far acquired over 9,000 offline merchants in the country.
- Sodexo partners with Mswipe for wider acceptance of meal cardsThe partnership will offer the company a wider footprint in the market. Mswipe currently has over 2,00,000 merchants on board across 500 ci...
- RNT Capital, IFC may invest in mobile PoS device maker MswipeThe two investors are separately in talks to potentially participate in an estimated $25 million funding round for the Mumbai-headquartered...
- Mumbai-based mobile PoS player MSwipe betting on varied SMEs for expansionMumbai-based mobile PoS player MSwipe, which competes with EzeTap and iKaaz among others, is betting on the varied lot of SMEs for expansio...
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